New vehicle
You Can Afford the Car Payment. But Can You Afford the Car?
- Compare purchase amounts. Test vehicle budgets in Wealth Coach.
- Look beyond the payment. Explore potential effects on retirement, available cash, and other goals.
Find out what the vehicle you want could really mean for your future.
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Example: Buying a vehicle
The car payment is only part of the price.
Both vehicles are purchased with $0 down.
Scenario A$85,000 vehicle
Scenario B$50,000 vehicle
- Down payment
- $0$0
- Projected retirement age
- 6463
- College funding
- 38%78%
- Lowest accessible cash
- $10,000
- Vacation / home down payment
- Fully funded
The smaller budget brings retirement closer and improves college funding, but college still falls short of the full goal.
Change the car. See what changes for everything else.
Illustrative projections for a sample household. Your results will depend on your circumstances and assumptions.
See it in action
Your vehicle. Your numbers. Your financial future.
Model the car, boat, or motorcycle you're considering and see how the purchase could affect the rest of your financial life.
How Wealth Coach helps
Change the purchase. See what changes everywhere else.
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What happens if you choose a different vehicle budget?
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What if you put more money down?
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What if you finance a different amount?
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What if you choose a different purchase date?
Retirement
Could this purchase change when you can comfortably retire?
Accessible Cash
How much money will you still have available for unexpected expenses and life changes?
College
Could the purchase affect how much of your children's college costs you can fund?
Other Goals
What does spending more on the vehicle mean for everything else you're working toward?
Start by seeing where you stand. Free.
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3–5 minutes
Create your initial financial profile in as little as 3–5 minutes.
Your own numbers
Personalized insight into how you’re tracking.
Build it once. Use it for every “what if?” that comes next.
See where you standWe built the financial decision tool we couldn’t find.
Wealth Coach combines highly customizable financial scenarios with approximately 250,000 interconnected formulas to help you understand how one decision could affect your other financial goals.
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Run the decision on your numbers
Download Wealth Coach.
Set up your financial picture and goals once. Then model the car, boat, or motorcycle you're considering and see how the purchase could affect the rest of your financial future.
Free to start.
Wealth Coach provides illustrative projections. Not financial advice.
Explore other decisions
The same financial picture works for your next question, from a new home to a change in income.
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